Fleet launches new 65% LTV range with £1,000 cashback

Specialist buy-to-let lender, Fleet Mortgages, has launched three new 65% LTV two-year fixed rate products.

All three products are available within the lender’s standard borrower range and come with cashback of £1,000, no application fee and a free valuation on properties up to £500,000.

There are three different options with three different fee structures. Rates start from 3.49% with a 3% fee, 4.54% with a fixed £1,999 fee, and 5.09% fee-free.

All three products come with February 2028 end dates and a minimum loan size of £25,000, and the fixed-fee product comes with a maximum loan size of £750,000. 

These new additions follow a range of price reductions announced by Fleet last week across both two and five-year 75% LTV fixed rate products for its standard and limited company mortgage options. 

Steve Cox, chief commercial officer at Fleet Mortgages, commented: “Following our announcement of rate cuts last week, we’re pleased to be able to launch these new 65% LTV two-year fixes. Each product comes with a different fee structure, which means advisers can select the most suitable option for their clients depending on circumstances - whether they prefer to pay a higher fee for a lower rate or benefit from a zero-fee option. 

“With added features such as £1,000 cashback, no application fee and a free valuation up to £500,000, we believe these products provide excellent value and underline our commitment to supporting landlords with flexible, competitive solutions.”